Ogilvy & Holt Renfrew Merger in Montreal: A Winning Strategy?
Feb 4, 2014, 05:21 AM
by
Environics Analytics
Montreal's Ogilvy and Holt Renfrew stores will merge, forming one of the largest department stores in North America, slated for completion in late 2017.
Montreal's Ogilvy and Holt Renfrew stores will merge, forming one of the largest department stores in North America, slated for completion in late 2017. The Holt Renfrew store on Sherbrooke Street will close and the Ogilvy store located on the trendy Sainte-Catherine Street West will be revamped and expanded northward on the site of the former Hotel de La Montagne. It is the only Ogilvy/Holt Renfrew-merged store planned so far in Canada.
Ogilvy and Holt Renfrew are heritage brands founded in Quebec: Ogilvy in 1866 in Montreal, and Holt Renfrew in 1837 in Quebec City. Both now belong to Selfridges Group Ltd., owned by the Weston family of Toronto...(click here for the full article.)